Have 80K to invest and want to start a trucking company looking for advice

Thanks to everyone for the help after talking to several people found a small company here Killeen Tx I am meeting with the owner Thursday to discuss leasing on 1 truck with his company in the next month or so. I will do this to get "my feet wet". If I can find a reasonable amount of success then I can grow from there. I've learned a considerable amount since my first post. Thanks again to those that tried to help and to those with snarky comments I'm sorry you have nothing better to do than go on forums and proclaim your trucking superiority to a bunch of nameless faceless people.

 

Well you're assuming that I'm a complete idiot and you know nothing about me. I'd love to hear your success story.

 

Would you agree that the transportation industry isn't rocket science and that if somebody has good business sense, the ability to maintain business relationships, and willing to learn someone could learn this industry quickly and have success? I am not going to drive. He has given me some rough estimates of the kind of profit I can hope to achieve initially. But I'm not naive to believe everything someone tells me. I'll be looking at his financials before doing anything obviously.

 

Let me ask you this because I'm pretty skeptical about what has been told to me thus far by this owner. He's been having a driver operate his truck for about 3 years he just added a second truck. He has told me to expect to earn 3-5k monthly at a minimum off 1 truck. Now I take this with a grain of salt because I realize some owners aren't truthful about potential earnings hence the high turnover of drivers in the trucking industry. Would you say that's an accurate earning potential with 1 truck?

 

Well that was my initial thought at first as well. He did just add a 2nd truck and from what he has told me he had some struggles early on and has found success through a learning curve.